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The Critical Metal That Skyrocketed From $6,000 to $38,000 Per Ton

The Critical Metal That Skyrocketed From $6,000 to $38,000 Per Ton

The Pentagon just got a painful wake-up call.Its stockpiles of crucial armaments are depleting at a record pace as the war in Ukraine drags on, and its poorly armed allies are even worse off. Intelligence officers in Germany said that the country has only two days’ worth of ammunition in case of a military threat. In March 2024, the European Union allocated 500,000,000 Euros under the Act in Support of Ammunition Production (ASAP) to boost output capacity to 2 million shells annually by the end of 2025.But the Western militaries have a major…

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